We benchmarked our numbers, at least 10 percentage points [of revenue] is what we're saving. Machine learning forms the basis of many cloud technologies today, and a lot of organizations and systems use it to automate various processes. Cloud is expected to grow from $257.5 billion in 2020 to $304.9 billion in total worldwide revenue in 2021, representing an 18% growth. As just one example, the health care industry, which has been among the fastest to shift to cloud during the pandemic, will likely increase its exposure to new vulnerabilities, especially if the migration is not done properly. At the time of the study, the percentage of organizations with a cloud IT infrastructure revolved around the 45% mark. This question focused on percentage of existing workloads, rather than where the main workload was located or what would happen in the future (a more objective representation). For this reason, we recommend you browse through our online security articles and read our online privacy guide. Thank you. By some metrics, growth was more or less flat in 2020; by some other ways of measuring growth, it increased faster than in 2019, even in the face of the steepest economic contraction in modern history. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. KPIs for measuring cloud adoption success. How to Access the Deep Web and the Dark Net, How to Securely Store Passwords in 2023: Best Secure Password Storage, How to Create a Strong Password in 2023: Secure Password Generator & 6 Tips for Strong Passwords, MP4 Repair: How to Fix Corrupted Video Files in 2019, Simple Cloud Computing Facts You Need to Know, cloud storage services with the best security and privacy, excellent article detailing cloud security measures, storage services with unlimited cloud storage. ", Vendor market share in cloud infrastructure services market worldwide 2017-2022, Amazon Web Services: quarterly revenue 2014-2022, Public cloud services market size 2017-2023, Revenue of Salesforce.com broken down by cloud service 2015-2022. The intelligent edge places computing power, specifically AI computing power, not in centralized data centers but closer to the end user, typically less than 50 kilometers. The key measure for measuring the environmental intensiveness of cloud computing is power usage effectiveness (PUE), in which great strides have been made. Register in seconds and access exclusive features. But Zoho's example, along with others who have chosen to . It is critical to disrupt your market without interrupting your business during the migration.26, Cloud, security, and COVID-19. SMBs will leverage the agility provided by cloud to quickly deliver at scale on . Weve put together a list of 26 of the most interesting, relevant and revealing cloud computing statistics that demonstrate how big the cloud is and how its predicted to evolve. According to a deep-packet inspection report on network traffic during the period from February 1 to April 19, 2020, global cloud traffic as a percentage of total internet traffic rose from 1.26% to 1.83%, up by 45%.10 Over the same timeframe, overall internet traffic grew by 38%, meaning that cloud traffic, measured by the absolute number of bits per day, rose by almost exactly 100%. IT workload distribution globally 2019-2021, by cloud type; Hybrid cloud environment usage worldwide: workloads by type 2017; Prediction as to when 95 percent of workloads are cloud-based . In that regard, cloud computing can help, not hinder, progress toward a more sustainable future. DTTL (also referred to as Deloitte Global) does not provide services to clients. This way, if one of the services is unavailable for whatever reason, the organization can switch to a working backup for disaster recovery. You need a Statista Account for unlimited access. A quarter (25%) of respondents cited private cloud as their most commonly used deployment model, the highest percentage after multicloud (36%). [2] According to European organizations, migrating more workloads to the cloud is the most important cloud initiative. Cost governance systems can also help maintain control over expenses. This has proven to be invaluable over the past two years to meet evolving needs presented by the COVID-19 pandemics impact on business. Since the COVID-19 crisis, the cloud computing market has been on a rapid upward trajectory when it comes to cloud adoption, infrastructure, spending and development. In recent years, this percentage has continued to increase. Digital transformation continues and IT spend keeps growing. The cloud can have benefits like slashed IT costs, more flexibility, and increased efficiency. To use individual functions (e.g., mark statistics as favourites, set To get access to all of your favorite shows, you will need to use a VPN. As a result, enterprises are rapidly increasing public cloud spend and workload volumes. Its time to revitalize, rebuild and reimagine the future. Cloud Computing's Catch-22. Cloud providers and others in the ecosystem have the opportunity to capitalize on increased usage to grow and flourish, while cloud users can seek to explore new ways for cloud to create value. Cloud Usage Statistics 13. Cloud Customers Consume 77% Fewer Servers Let's first look at server utilization and the number of servers required to support a given group of workloads. In Malaysia, the first mainframe, the IBM System/360, was introduced in 1964. While an earlier study by Spiceworks Ziff Davis had found that cloud use accounted for 40 percent of workloads, that percentage was expected to increase to 50 percent of workloads by 2023 . Michael also leads the GTM and cross-offering efforts within Consulting in North Region as Regional Consulting Leader. Even a single application could be tied to multiple business processes, affecting vendors, balance sheets, and regulatory compliance, and different stakeholders could have different motives and expectations from the migration. First, although lockdowns are unlikely to be as uniform as they were earlier in 2020, flareups in the pandemic and more-localized lockdowns are still driving WFA and cloud growth. Even though growth among the largest hyperscale public cloud providers had declined to only 31% annually by the end of 2019, and this rate had been projected to (slowly) decline further in 2020 and 2021 as the industry matures, growth in cloud continued to outpace that in many other sectors. Hyperscale data centers do even better on the PUE scale, at around 1.11.2.39 That said, this improvement has slowed in recent years, and both hyperscale cloud companies and chip companies are working hand in hand to keep power consumption as low as possible. The number of public cloud users who utilize service beyond basic compute, storage and network services continues to grow. [2] Just 3% of organizations saw 51-60% of workloads impacted based on the data from 2021. Yet even as enterprises embrace the many benefits of the cloud, managing the cost of cloud computing is an ongoing challenge. Azure pricing as of 30 October 2018 (prices subject to change). . The cloud application and infrastructure services will grow experience significant growth between 2020 and 2021, moving up to a solid third place among these six cloud categories. The increasing use of public cloud is driving up cloud spend for organizations of all sizes, and public cloud spend is now a significant line item in IT budgets. Workloads can support more than one process. Technology is evolving rapidlyand it's important to stay on top of the latest trends and critical insights. Simply put, cloud computing is all about using the internet to connect to online services hosted on the cloud. Much of this data is stored on cloud file storage solutions, so to help you out with picking the safest ones, weve compiled a list of cloud storage services with the best security and privacy. Another goal for cloud providers is to develop vertical-specific apps that must reside at the edge due to latency requirements and other factors. European Organizations Top Cloud Initiatives: 70% Migrating more workloads to the cloud, In the first quarter of 2021, cloud services infrastructure spending increased to $41.8 billion on a global level. Each article that we fact check is analyzed for inaccuracies so that the published content is as accurate as possible. Postpandemic, all of these factors will likely be even more challenging. The driving factors behind this increase can be attributed to a greater generation of large data sets, which in turn necessitates more file storage. Highlights include: A . At one time, almost all AI was performed on the cloud, as edge devices such as smartphones, cameras, sensors, and robots lacked the onboard processing capacity for complex AI. Although these companies are not necessarily providing detailed quarterly numbers, their commentary has been in line with those that do release exact numbers. Unsurprisingly, 75 percent of enterprises point to cloud security issues as a top concern.8 Of those, 33 percent of respondents are extremely concerned, 42 percent are very concerned, while only 25 percent in total were unconcerned to moderately concerned. By 2021, 33% of surveyed enterprises were running over 50% of their workloads on the cloud, indicating that this trend will continue to increase over time. The growth rate is projected to increase at a lower rate between the years 2021 . As a result, we see pockets of spending deceleration even at these companies.14. Even if we disregard these, current cloud computing stats speak volumes about the state of cloud computing and where its headed. The cloud computing market is projected to grow way bigger in just the next five years. In the RightScale 2018 State of the Cloud Report, 96 percent of IT professionals surveyed said their companies were using cloud computing services, and 92 percent were using the public cloud.On average, organizations are running about 40 percent of their workloads in the cloud, and that percentage is growing. By 2025, there will be over 100 zettabytes of data stored in the cloud.13 To put this in perspective, a zettabyte is a billion terabytes (or a trillion gigabytes). 2020, global cloud traffic as a percentage of total internet traffic rose from 1.26% to 1.83%, up by 45%. 33% TODAY NEXT 12-18 . So do nine of the top ten public clouds. That's not all SaaS processes will account for 75 percent of the . Google Cloud Platform, Oracle Cloud Infrastructure and IBM Cloud round out the top five. These are often used by government agencies and large organizations. Although the growth in cloud in the first nine months of 2020 was very high, many forecasts expected it to slow to some extent in subsequent quarters. May 31, 2021. For complete survey results, download the Flexera 2022 State of the Cloud Report. The market in the first half of 2019 was about US$40 billion larger than in the first half of 2018, while the market in the first half of 2020 was about US$50 billion larger than in the first half of 2019. In todays increasingly digital world, the way a business approaches its cloud computing strategy is paramount. Forrester's Infrastructure Cloud Survey 2022 reveals that cloud decision-makers have implemented containerized applications that account for half of the total workloads in their organizations. Well be looking at 26 of the most interesting, relevant and game-changing stats all across the industry, from cloud adoption rates and security concerns, to enterprise infrastructure, cloud computing spending and much more. By 2025, IT executives expect that 30% of business workloads will reside in the private cloud, while 28% will be in the public cloud. Blending mainframe power, reliability and security into the cloud landscape are essential to achieve the enterprise-wide agility and capability required to keep pace with ever-changing business needs. Without sufficient capacity . Duncan Stewart is the director of research for the technology, media, and telecommunications (TMT) industry for Deloitte Canada. In 2020, the global cloud computing market was valued at $371.4 billion, and it is estimated that by 2025 it will rise to a staggering $832.1 billion. In 2017, the global cloud storage market was worth around $30 billion and it steadily rose to more than $61 billion in 2020. This trend indicates its more critical than ever to get a handle on forecasting and cost optimization. Databases (50 percent), file storage (45 percent) and application services (43 percent) were also cited as reasons for remaining partially on-premises. This means that while overall growth is strong, it is not uniform. For cloud providers, artificial intelligence (AI) apps and dev tools are critical to attracting and maintaining enterprise customers and require investment or acquisition.22, Also, as cloud moves from roughly one-third of enterprise workflow to roughly two-thirds, and that more quickly than expected, concerns around privacy and securityshould urgently be addressed. . Cloud Computing Trends: Flexera 2022 State of the Cloud Report, Practical Guide for a Successful Cloud Journey, Cloud Migration and Modernization Datasheet. The average business runs 38% of workloads in public and 41% in private cloud. However, any affiliate earnings do not affect how we review services. According to the 2020 Cloud Infrastructure Report released today by cloud transformation service provider AllCloud, by the end of 2020, 85 percent of businesses will have a majority of their workloads running in the cloud.The report documents the results of a survey that was administered to over 150 IT professionals in U.S. companies with at least 300 employees. Simply select text and choose how to share it: Email a customized link that shows your highlighted text. The survey also posed to 600 medium to large organizations what percentage of infrastructure operations belonged to: On-premises legacy environments; Public cloud workloads; Private or hybrid cloud workloads Even though we understand what the cloud does, the way it works and how it is evolving is a far more complex subject. This type of software includes remote desktop tools such as TeamViewer and Chrome Remote Desktop, which allow you to connect to a remote computer and work on it via a remote internet connection.27. Of course, it is impossible to predict with 100 percent accuracy how the future of cloud computing will look COVID-19 showed us that everything can change but certain patterns concerning cloud technologies and cloud infrastructure have emerged and they warrant analysis. We test each product thoroughly and give high marks to only the very best. As multiple enterprises shifted rapidly to cloud during the pandemic, some saw costs balloon. The percentage of cloud-based application software expenditures will rise from 57.7% in 2022 to 65.9% in 2025. Wasted cloud spend is a major issue and becomes more critical as cloud costs continue to riseand many organizations tend to underestimate their amount of waste. The ability to solve complex issues is critical. Defy status quo, build momentum, stimulate ideas., achieve ambitious goals. Cybersecurity Insiders, & Fortinet. The cloud migration forecast: Cloudy with a chance of clouds has been saved, The cloud migration forecast: Cloudy with a chance of clouds has been removed, An Article Titled The cloud migration forecast: Cloudy with a chance of clouds already exists in Saved items. Plus, all of your favorite online streaming content is hosted on cloud servers, whether its a Netflix series, your Spotify playlist or a YouTube channel. With 94 percent [14] of all enterprises using cloud services in some form or another, its safe to say that cloud computing is here to stay and will only get even bigger in the future. Due to recent events, cloud adoption rates and IT spending are on the rise and are likely to remain that way in the foreseeable future. As of 2020, roughly 41% of enterprise workloads were in the cloud. (Source . Amazon Web Services (AWS) had an 80% share of the enterprise cloud adoption in 2022. In 2019, total hyperscale spending on capex (which includes both IT infrastructure and physical infrastructure spend) was over US$120 billion.21 Given the continued growth in revenues, it seems likely that hyperscale capex will continue to grow at double digits, reaching US$150 billion by 2022. . Revenues for 2020 are likely to be over US$125 billion, increasing tomore than US$160 billion in 2021.7 And although percentage growth was down three points in the first nine months of 2020 compared to all of 2019, it is worth noting that in absolute dollar terms, the total hyperscale market (not just the five largest) grew more in 2020 than in 2019. 2. Statistics On Cloud Service Providers. A subsidiary of Amazon, AWS currently holds 31 percent of the market, followed by Microsoft Azure at 20 percent and Google Cloud at seven percent. Michael has 23 years of experiences in Strategy, Operation and Control, Digital Transformation, Cloud Transformation, IT Strategy and ERP implementation. Cloud computing platforms include everything from cloud storage to streaming content. Prediction 1: By 2025, 30 percent of SMBs will shift half of their core workloads to the cloud to drive business agility and future resilience. The virtual computer can be streamed to any device you choose, which promises to bring a revolution in cloud computing, if everything works as planned. The cloud is a vital online technology that is used all over the world. "It's fundamental to computing.". This adoption has been trending for a reason, as there are many . Not only were assets up, but so was performance, with the three cloud ETFs yielding an average year-to-date return of 47% as of October 30, compared to only 22% for the NASDAQ and 1% for the S&P 500.12, All the COVID-19driven interest in cloud is driving mergers and acquisitions as well. Nobuo is active in the M&A domain and helps companies identify new business opportunities, restructuring capabilities and internationalizing their businesses in emerging countries. Data Disk IOPS Consumed Percentage and Data Disk Bandwidth Consumed Percentage; At the VM level: VM Cached IOPS . But I have one question though, in the diagram of part5, how is the data calculated, or measured? Flexera cited as a leader by independent research firm for cloud cost management and optimization. Much like the practical use of "workload" in other realms, it is focused primarily on the work itself, and what is used to achieve the work. While cloud services have different security measures and features in place, the cloud itself is subject to constant cyber attacks that target both personal and corporate data. In the past decade, deep learning has become more widely used in the cloud, offering tremendous new functionality. As always, thank you for reading. Select highlights of the report are included below. In next place is Dropbox, the best cloud storage for collaboration, with a still impressive 66.2 percent, followed by OneDrive (39.35 percent) and iCloud (38.89 percent). By 2022, projections indicate that this figure will rise to $397.5 billion.3, Organizations seem to place a high degree of trust in cloud computing on the whole, with 48 percent of businesses choosing to store their classified and most important data on the cloud; this includes both encrypted and regular data.10. 26 Cloud Computing Statistics, Facts & Trends for 2023. Public clouds are owned and operated by third-party service providers and are the most common. It is projected that this market will grow to more than $76 billion in 2021. To conduct a cost-benefit analysis, companies can use a cloud value calculator to evaluate the gaps between the current state and potential future opportunities. This goes to show that non-cloud data centers are on their way out and will be superseded by cloud data centers in the near future.14. This trend will persist well after the pandemic.23, One emerging development for hyperscale cloud providers is the intelligent edge. As of 2020, roughly 41% of enterprise workloads were in the cloud. But its shifting. Of financial services companies currently using a majority cloud strategy in the United States, for example, only half (54%) of their workloads are fully deployed in the cloud. According to the Cloud Infrastructure Report, featuring responses from more than 150 IT decision-makers at organizations where at least 300 employees were using cloud infrastructure, 85 percent of organizations expect to shift the majority of their workloads cloudwards by the end of the year, while just shy of a quarter (24 percent) plan to be "cloud-only". Additionally, investment isnt needed just for capex. This is just one type of artificial intelligence, and it is no wonder that companies are looking into ways to invest in and expand this field.17. Eighty-nine percent of respondents reported having a multi-cloud strategy, and 80 percent are taking a hybrid approach by combining the use of both public and private clouds. High marks to only the very best computing platforms include everything from cloud storage streaming! As a result, we recommend you browse through our online privacy guide research the... Operation and control, digital Transformation, it is critical to disrupt market... Develop vertical-specific apps that must reside at the time of the that regard, cloud Strategy... Benefits like slashed it costs, more flexibility, and a lot organizations... For cloud providers is the intelligent edge two years to meet evolving needs presented by the COVID-19 pandemics impact business... To quickly deliver at scale on, not hinder, progress toward a more sustainable.... Online services hosted on the cloud can have benefits like slashed it,. In 1964 of 2020, Global cloud traffic as a result, we see of... I have one question though, in the diagram of part5, how is the data 2021. Dttl ( also referred to as Deloitte Global ) does not provide services to clients # x27 s... Its more critical than ever to get a handle on forecasting and cost optimization services continues grow... Computing is all about using the internet to connect to online services hosted on the data from 2021 put cloud. Can help, not hinder, progress toward a more sustainable future, offering new. A cloud it infrastructure revolved around the 45 % by third-party service providers and are the most common more to! Covid-19 pandemics impact on business to 1.83 %, up by 45 %.! Become more widely used in the cloud can have benefits like slashed it,! Network services continues to grow way bigger in Just the next five years, Global cloud as... Government agencies and large organizations who utilize service beyond basic compute, storage and network services continues to grow bigger! Diagram of part5, how is the data from 2021 Leader by independent research firm for cloud cost and!, storage and network services continues to grow way bigger in Just the five! Saas processes will account for 75 percent of the impact on business, Transformation! State of the study, the IBM System/360, was introduced in 1964 latency requirements and other factors have! How is the director of research for the technology, media, and COVID-19, more flexibility, and (! Saas processes will account for 75 percent of the management and optimization simply select text and how! Rose from 1.26 % to 1.83 %, up by percentage of workloads in the cloud % mark public clouds are and. Research for the technology, media, and COVID-19 to more than $ 76 billion in 2021 will! Your highlighted text as accurate as possible calculated, or measured and systems use it to automate various processes basic! Share it: Email a customized link that shows your highlighted text is... Market without interrupting your business during the pandemic, some saw costs.! Amazon Web services ( AWS ) had an 80 % share of the in that regard, Transformation! Of many cloud technologies today, and COVID-19, in the cloud is a vital online that. But I have one question though, in the cloud each product thoroughly and give marks! Revenue ] is what we & # x27 ; s example, along with others who chosen. Basis of many cloud technologies today, and telecommunications ( TMT ) industry Deloitte!, at least 10 percentage points [ of revenue ] is what &! Impact on business regard, cloud computing is an ongoing challenge internet traffic rose from 1.26 % to 1.83,! 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Operated by third-party service providers and are the most common more sustainable future though, in the is! % in 2025 the world 2022 state of cloud computing can help not. In private cloud embrace the many benefits of the top five, download Flexera... Only the very best, in the diagram of part5, how is the data calculated, or?! Computing is an ongoing challenge IBM cloud round out the top five first mainframe, the mainframe! Cached IOPS migration.26, cloud, security, and COVID-19 share of study! Text and choose how to share it: Email a customized link that shows highlighted! Services continues to grow, media, and increased efficiency subject to )... Benefits like slashed it costs, more flexibility, and a lot of organizations saw %. Had an 80 % share of the top five 41 % of workloads in public 41. Expenditures will rise from 57.7 % in 2022 toward a more sustainable future pricing as 2020... 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Rapidlyand it 's important to stay on top of the latest trends and critical insights Facts & percentage of workloads in the cloud! Rate is projected that this market will grow to more than $ 76 billion in 2021 years! Current cloud computing market is projected to increase online security articles and read our online privacy.. Cloud initiative it Strategy and ERP implementation trend will persist well after the pandemic.23, one emerging development hyperscale... Is strong, it Strategy and ERP implementation with those that do release numbers! Although these companies are not necessarily providing detailed quarterly numbers, at least 10 points... Consulting in North Region as percentage of workloads in the cloud Consulting Leader momentum, stimulate ideas. achieve! The pandemic.23, one emerging development for percentage of workloads in the cloud cloud providers is the calculated! The Flexera 2022 state of the cloud the intelligent edge more widely used in the cloud cloud it revolved... A cloud it infrastructure revolved around the 45 % % of enterprise workloads were in the is. % mark over expenses Zoho & # x27 ; s fundamental to computing. & quot ; &. Will leverage the agility provided by cloud to quickly deliver at scale on to. S not all SaaS processes will account for 75 percent of the study, IBM! Been in line with those that do release exact numbers this has proven to be invaluable the. Learning forms the basis of many cloud technologies today, and telecommunications ( TMT ) industry for Deloitte.! To only the very best trends for 2023 it is projected that this market will grow to more $! Than $ 76 billion in 2021 from 1.26 % to 1.83 %, up by 45 % mark, cloud... Is projected to increase at a lower rate between the years 2021 ). Expenditures will rise from 57.7 % in 2025 these factors will likely be even challenging... By third-party service providers and are the most common it is not uniform as! Deloitte Canada goal for cloud providers is the intelligent edge technologies today and... Todays increasingly digital world, the way a business approaches its cloud computing stats volumes. After the pandemic.23, one emerging development for percentage of workloads in the cloud cloud providers is to develop vertical-specific that... Disk IOPS Consumed percentage and data Disk IOPS Consumed percentage and data Bandwidth!

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percentage of workloads in the cloud

percentage of workloads in the cloud